UTZ

Utz Brands, Inc. Increases Quarterly Cash Dividend

Retrieved on: 
Thursday, March 28, 2024
Food, Beverage, Retail, Utz Brands, Utz, Common stock, UTZ, Holding company

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors has approved an annual dividend increase from $0.228 to $0.236 per share.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors has approved an annual dividend increase from $0.228 to $0.236 per share.
  • The increase is effective as of today, and the Utz Board of Directors (“Board”) has declared a regular quarterly cash dividend of approximately $0.059 per share on the Company’s Class A Common Stock.
  • Payment is expected to be made by the Company on May 2, 2024, to stockholders of record at the close of business on April 15, 2024.
  • The cash dividend will be funded by cash distributions made by Utz Brands Holdings, LLC (“Utz Brands Holdings”) to Utz and the other holders of Utz Brands Holdings’ common units on a pro-rata basis.

Utz Brands, Inc. to Webcast Presentation at the BofA Securities 2024 Consumer & Retail Conference on March 12

Retrieved on: 
Wednesday, March 6, 2024
Supermarket, Retail, Convenience Store, Food, Beverage, Bank of America, UTZ, Utz Brands, Conference

Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the BofA Securities 2024 Consumer & Retail Conference in Miami, FL, on March 12, 2024, at 11:20 a.m. ET.

Key Points: 

Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the BofA Securities 2024 Consumer & Retail Conference in Miami, FL, on March 12, 2024, at 11:20 a.m. ET.

Utz Brands Announces Acceleration of Supply Chain Transformation and Brand Portfolio Strategy

Retrieved on: 
Wednesday, January 31, 2024
Supply Chain Management, Retail, Food, Beverage, Growth, GAAP, Cheating, UTZ, Snack, Utz Brands, Good, Employment, Winston & Strawn, Our Home, Acquisition, RBC Capital Markets, Sale, Yoy, Webcast

Following the close of the transactions, Utz and Our Home will operate under a Transition Services Agreement for 12 months.

Key Points: 
  • Following the close of the transactions, Utz and Our Home will operate under a Transition Services Agreement for 12 months.
  • Certain Good Health® products will continue to be distributed and sold on the Utz DSD network for Our Home.
  • Howard Friedman, Chief Executive Officer of Utz, said, “We expect these transactions to deliver on our supply chain transformation and value creation initiatives, to fast-track our deleveraging timeline by a full year, and to accelerate our brand portfolio strategy to better optimize for growth.
  • is serving as legal advisor to Utz Brands, Inc. Winston & Strawn LLP is serving as legal advisor to Our Home.

Utz Brands to Introduce Long-Term Growth Strategy at 2023 Investor Day

Retrieved on: 
Friday, December 15, 2023
Supermarket, Retail, Convenience Store, Food, Beverage, NYSE, UTZ, Investment, Marketing, Core, Eastern Time Zone, Adjustment, Utz Brands, Growth, Outline, Risk management, Security (finance), Insurance, Utz

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, will host its 2023 Investor Day today at the New York Stock Exchange, beginning at 9:30 am ET.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, will host its 2023 Investor Day today at the New York Stock Exchange, beginning at 9:30 am ET.
  • In doing so, we expect our top-line growth to outpace the Salty Snack category and our bottom-line growth to generate outsized shareholder returns.
  • We look forward to sharing more details around our long-term value creation plans at our Investor Day today.”
    Topics to be covered at the Investor Day include:
    Focused Portfolio Strategy: Utz has further focused its brand portfolio that is diversified and clearly defined to meet various consumer needs.
  • An on-demand replay of the presentations will be available starting at approximately 3:00PM Eastern Time on Friday, December 15th, 2023.

Utz Brands, Inc. Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, December 7, 2023
Supermarket, Retail, Convenience Store, Food, Beverage, Common stock, NYSE, Utz Brands, UTZ, Utz, Holding company

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors declared a regular quarterly cash dividend of approximately $0.057 per share on the Company’s Class A Common Stock.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors declared a regular quarterly cash dividend of approximately $0.057 per share on the Company’s Class A Common Stock.
  • Payment is expected to be made by the Company on January 4.
  • 2024, to stockholders of record at the close of business on December 18, 2023.
  • The cash dividend will be funded by cash distributions made by Utz Brands Holdings, LLC (“Utz Brands Holdings”) to Utz and the other holders of Utz Brands Holdings’ common units on a pro-rata basis.

Utz Brands Appoints Mitchell Arends as Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore to Executive Vice President, Chief Operating and Transformation Officer

Retrieved on: 
Tuesday, November 14, 2023
Food, Beverage, Retail, NYSE, UTZ, Utz Brands, Supply chain, Multimedia, EVP, Knowledge, Transport, Management, Utz, Manufacturing

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that Mitchell (“Mitch”) Arends has been appointed Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore has been appointed Executive Vice President, Chief Operating and Transformation Officer.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that Mitchell (“Mitch”) Arends has been appointed Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore has been appointed Executive Vice President, Chief Operating and Transformation Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231114922203/en/
    Utz Brands appoints Mitch Arends as Executive Vice President, Chief Integrated Supply Chain Officer Source: Utz Brands, Inc. (Photo: Business Wire)
    “I believe that these appointments will significantly strengthen the Company’s ability to deliver our strategic priorities, unlock further potential and help drive our short- and long-term growth objectives,” said Howard Friedman, Chief Executive Officer of Utz.
  • As Chief Integrated Supply Chain Officer, Mr. Arends will oversee all aspects of the supply chain, including procurement, manufacturing, transportation, warehousing, and planning.
  • He will work closely with our talented existing manufacturing and supply chain leadership team in Shannan Redcay, EVP, Manufacturing, and Chad Whyte, EVP, Supply Chain.

Utz Brands, Inc. to Webcast Presentation at the Stephens Annual Investment Conference on November 15

Retrieved on: 
Monday, November 13, 2023
Supermarket, Retail, Convenience Store, Food, Beverage, NYSE, Conference, Utz Brands, UTZ, Tea

Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the Stephens Annual Investment Conference in Nashville, TN, on November 15, 2023, at 2:00 p.m. CT or 3:00 p.m. ET.

Key Points: 

Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the Stephens Annual Investment Conference in Nashville, TN, on November 15, 2023, at 2:00 p.m. CT or 3:00 p.m. ET.

Utz Brands to Report Third Quarter 2023 Financial Results on November 9, 2023

Retrieved on: 
Thursday, October 26, 2023
Supermarket, Retail, Convenience Store, Food, Beverage, Utz Brands, Brand, NYSE, Webcast, UTZ, Tea, Broadcasting

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its third quarter 2023 financial results on Thursday, November 9, 2023, before market open.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its third quarter 2023 financial results on Thursday, November 9, 2023, before market open.
  • The Company will host a conference call and webcast with members of the executive management team to discuss these results at 8:30 a.m. Eastern Time.
  • Please visit the “Events & Presentations” section of Utz’s Investor Relations website at https://investors.utzsnacks.com to access the live webcast and presentation.
  • The webcast will be available in listen-only mode, and the replay will be archived on the “Events & Presentations” section of Utz’s Investor Relations website.

Royal Farms Celebrates 14th Annual Charity Golf Outing

Retrieved on: 
Monday, October 23, 2023
Baltimore Police Department, Education, Pepsi, Health, Workforce, Organization, Royal Farms, Organic, Marketing, UTZ, Toy, Tourism

BALTIMORE, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Royal Farms will be hosting its 14th annual Charity Golf Outing on October 23, 2023.

Key Points: 
  • BALTIMORE, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Royal Farms will be hosting its 14th annual Charity Golf Outing on October 23, 2023.
  • Since 2010, Royal Farms has held this event to raise money for local charities and continue the mission of making a difference in the communities we serve.
  • “It’s a privilege for Living Classrooms to be recognized as a beneficiary of the Royal Farms Golf Tournament.
  • If you’d like to learn more about the Royal Farms Charity Golf Outing, please visit our website at www.royalfarms.com/community/royal-farms-charity-golf-outing/

Global Coffee Markets, Size, & Forecast Report 2023: A $51.33 Billion Industry by 2028 - Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 18, 2023
Retail, Agriculture, Natural Resources, Food, Beverage, Type, Arabica, Coffee, UTZ, Farm, Geographical indications and traditional specialities in the European Union, Farmer, Society, Seed, Culture, Drink, Depression, Alzheimer's disease, Collection, European, Espresso, Caffeine, Cirrhosis, Growth, EU

The "Coffee Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Coffee Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" report has been added to ResearchAndMarkets.com's offering.
  • While coffee will continue to be a beloved drink in global diets, it's unlikely to see unprecedented consumption levels.
  • Vietnam plays a pivotal role in the global Robusta coffee production industry, offering a distinct coffee experience to consumers worldwide.
  • With its rich coffee heritage and unparalleled export capabilities, Brazil continues to satisfy the world's craving for exceptional coffee.